[Resolved] Olymp Trade — No copy-trading

[Resolved] Olymp Trade — No copy-trading

Gagdall Jan 11, 2021

Why don't you provide a copy-trading opportunity in Olymp Trade? I registered a few months ago. At first, I was completely inexperienced. But then I gained some knowledge and learned an interesting thing on the forum. Many traders in other companies earn by copying trades. And they do it without any experience. It turns out that I have no such opportunity in Olymp Trade. I have to learn to trade on my own? Yes, the company has a lot of educational materials and pleasant conditions for a demo account. But why is there no copy-trading? Was this information helpful? No (2) Yes (1)
Jan 16, 2021 Complaint marked as Resolved I first thought that the absence of sync-trading is a serious downside of this broker. Later I thought about it once again and came to a conclusion that the whole uniqueness of this broker is not about copying trades. It’s all about manual fixed-time and Forex trading on one platform. So, I will continue practicing manual trading with this broker. Olymp Trade customer support has been notified about the posted complaint. Verified Support Jan 12, 2021 Olymp Trade Customer Care's response Hello, dear Gagdall! We are grateful for your review. Thank you for mentioning our vast educational base and pleasant trading conditions. Indeed, the copy trading strategy is prohibited on the Olymp Trade platform. It is a controversial matter as copy trading can cause a downturn to an incentive of doing their own research and learning about the markets for traders. Also, copy trading does not exclude risk exposure. It is important for us that our traders get broad educational support and have all the instruments needed for practice to establish an individual trading style. Best regards, Olymp Trade team.
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